Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.48% By


© Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.48% – Saudi Arabia stocks were higher after the close on Wednesday, as gains in the , and sectors led shares higher.

At the close in Saudi Arabia, the rose 0.48%.

The best performers of the session on the were Al Baha Investment and Development Company SJSC (TADAWUL:), which rose 10.00% or 1.50 points to trade at 16.50 at the close. Meanwhile, Saudi Advanced Industries Co. (TADAWUL:) added 9.94% or 3.35 points to end at 37.05 and National Gypsum Company (TADAWUL:) was up 9.90% or 2.46 points to 27.30 in late trade.

The worst performers of the session were Amana Cooperative Insurance Co (TADAWUL:), which fell 5.23% or 0.72 points to trade at 13.04 at the close. Dar Alarkan Real Estate Development (TADAWUL:) declined 3.94% or 0.44 points to end at 10.74 and Taleem REIT Fund (TADAWUL:) was down 3.68% or 0.46 points to 12.04.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 128 to 100 and 12 ended unchanged.

Shares in Amana Cooperative Insurance Co (TADAWUL:) fell to 52-week lows; falling 5.23% or 0.72 to 13.04.

Crude oil for August delivery was up 1.70% or 1.90 to $113.66 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 1.82% or 2.07 to hit $115.87 a barrel, while the August Gold Futures contract fell 0.10% or 1.90 to trade at $1,819.30 a troy ounce.

EUR/SAR was down 0.28% to 3.94, while USD/SAR unchanged 0.04% to 3.75.

The US Dollar Index Futures was up 0.27% at 104.54.

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